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Podcast: One Thing Today in Tech
Episode: DoorDash buys Wolt for $8 bln; Facebook releases data on bullying and harassment; and a chat with Kartikeya Bhardwaj of SpoofSense
Description: DoorDash, a US food delivery giant, is acquiring Finland based Wolt in an all-stock deal worth €7 billion, or $8.1 billion, the company said in a press release. The acquisition “will accelerate our product development, bring greater focus to each of our markets and improve the value we provide to consumers, merchants, as well as Dashers and couriers around the world,” Tony Xu, co-founder and CEO of DoorDash said in the release.
Wolt was founded in 2014 by Miki Kuusi, who will run DoorDash International and report to Xu. The Finnish company has over 4,000 employees across 23 countries.
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